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Innovator Equity Defined Protection ETF - 1 Yr March (ZMAR)

Defined Outcome | Exchange Traded Fund | Cboe US
27.95 USD +0.01 (0.036%) ⇧ (April 20, 2026, 3:58 p.m. EDT)

Short-term: ★★★☆☆ | Long-term: ★★☆☆☆ | Dividends: ★☆☆☆☆
Hot Take | April 19, 2026, 12:50 a.m. EDT

ZMAR is a specialized hedged ETF (1 Year March expiration) trading exactly at its target strike price ($27.92), indicating no near-term volatility credit or opportunities to arise; the lack of dividends and the statistical evidence of high volatility (H-stat >> 1) make it an unsuitable long-term hold for income, rendering it strictly a short-term tactical play for defined protection exposure rather than momentum generation.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoTheta ✓0.003371
MSTL0.004260
AutoARIMA0.004354
AutoETS0.005204

Forecast horizon: 45 days | Selected: AutoTheta

Forecast Reliability
Score 30%
H-stat 10.01
Ljung-Box p 0.000
Jarque-Bera p 0.017
Excess Kurtosis 0.29
Attribute Value
Trailing P/E 26.13

Info Dump

Attribute Value
All Time High 27.99
All Time Low 25.25
Ask 43.61
Ask Size 500
Average Daily Volume10 Day 31,930
Average Daily Volume3 Month 76,475
Average Volume 76,475
Average Volume10Days 31,930
Beta3 Year 0.0
Bid 26.51
Bid Size 500
Category Defined Outcome
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 27.98
Day Low 27.93
Dividend Yield 0.0
Eps Trailing Twelve Months 1.069602
Esg Populated 0
Exchange BTS
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 27.6977
Fifty Day Average Change 0.25230026
Fifty Day Average Change Percent 0.009109069
Fifty Two Week Change Percent 9.265053
Fifty Two Week High 27.99
Fifty Two Week High Change -0.03999901
Fifty Two Week High Change Percent -0.0014290464
Fifty Two Week Low 25.494
Fifty Two Week Low Change 2.4560013
Fifty Two Week Low Change Percent 0.09633645
Fifty Two Week Range 25.494 - 27.99
First Trade Date Milliseconds 1,741,012,200,000
Full Exchange Name Cboe US
Fund Family Innovator ETFs
Fund Inception Date 1,740,700,800
Gmt Off Set Milliseconds -14,400,000
Has Pre Post Market Data 1
Language en-US
Legal Type Exchange Traded Fund
Long Business Summary The fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in FLexible EXchange® Options (“FLEX Options”) that reference the SPDR® S&P 500® ETF Trust. The fund is non-diversified.
Long Name Innovator Equity Defined Protection ETF - 1 Yr March
Market us_market
Market State PRE
Max Age 86,400
Message Board Id finmb_1916231463
Nav Price 27.9579
Net Assets 112,850,592.0
Net Expense Ratio 0.79
Open 27.93
Phone (215) 979-3750
Previous Close 27.94
Price Hint 2
Quote Source Name Delayed Quote
Quote Type ETF
Region US
Regular Market Change 0.0100002
Regular Market Change Percent 0.0357918
Regular Market Day High 27.98
Regular Market Day Low 27.93
Regular Market Day Range 27.93 - 27.98
Regular Market Open 27.93
Regular Market Previous Close 27.94
Regular Market Price 27.95
Regular Market Time 1,776,715,130
Regular Market Volume 23,262
Short Name Innovator Equity Defined Protec
Source Interval 15
Symbol ZMAR
Total Assets 112,850,592
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing P E 26.131216
Trailing Peg Ratio None
Trailing Three Month Nav Returns 0.12259
Trailing Three Month Returns 0.12259
Triggerable 1
Two Hundred Day Average 27.261484
Two Hundred Day Average Change 0.6885166
Two Hundred Day Average Change Percent 0.025256021
Type Disp ETF
Volume 23,262
Yield 0.0
Ytd Return 0.12259